this is a big number. we are hearing now it could take another seven years before the housing market turns itself around. >> we have had a couple years harris where prices have declined. economists say price could say fall further. this foreclosure paperwork bottleneck that realtytrac is reporting to us today it could take several years. looking at a new reality for the housing market. very troubling. what could turn things around. realtytrac does come up with a couple of ideas. the theme is remove the government impediment. some of the ideas leave higher limits for fanny and freddie loans they still do carry a large portion, majority, in fact, of large homes. mortgaged damage tax credit. as far as going forward i spoke with rick sharga today he did this survey. it looks like foreclosures may continue to fall from here. new realty for the housing market six to seven years until we might see a true turn around in the u.s. housing market. >> harris: lori rothman part of the best team in business. thank you v